Great news for the poorest and most vulnerable countries to COVID-19. The IMF Executive Board has approved immediate debt relief for 25 countries under the IMF’s revamped Catastrophe Containment and Relief Trust. What does this mean? This means our poorest and most vulnerable member countries will receive grants to cover their IMF debt obligations for an initial phase over the next 6 months, enabling them to channel more of their financial resources towards vital emergency medical and other reli

Is high public debt cause for alarm? Not necessarily, says IMF advisor S. Ali Abbas. As governments around the world are taking on debt at levels surpassing those during World War II, some governments will be in a better position to sustain their debt than others. Find out how the IMF calculates where the risks lie. http://ow.ly/y2pg50BBcsY | International Monetary Fund

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